Which statement best describes the relationship between American business and the Republican presidential administrations of the 1920s?
A. The government required large businesses and corporations to pay higher taxes to boost the American
economy.
B. Restrictive actions taken by the federal government suppressed the growth of American business, both
domestically and internationally.
C. The federal government and American business developed a new and closer relationship in which American
businessmen had to deal with minimal government regulation.